News

ABU DHABI / WAM Abu Dhabi General Services Company (Musanada) affirmed compliance with occupational health and safety and quality requirements, noting that it is trying to improve performance of its strategic partners in order to realise on ground vision of Abu Dhabi government towa-rds achieving sustainable development by implementing hi- ghest quality standards in projects execution while protecting environment, ensuring ...

ADEN / WAM The United Arab Emirates has established a 120-megawatt power station in Aden at a total cost of $100 million to meet local energy needs. The station, powered by one of the world’s largest engine, is located in Al Haswa district and will start operation in October. A UAE ship docked at Aden earlier on Wednesday carrying the ...

ABU DHABI / WAM Abu Dhabi National Exhibitions Company (Adnec) on Wednesday announced that it is primed to host a very busy events season with its venues fully occupied till the end of this year by more than 50 major local and international exhibitions and conferences across key sectors including culture, healthcare, leisure, lifestyle, and business. Humaid Matar Al Dhaheri, ...

DUBAI / WAM The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) on Wednesday entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority. The agreement reflects the commitment of both authorities to develop an environment that supports the sustainable development of financial services through emerging technology. ...

Dubai / Emirates Business Azizi Developments, one of the leading private developers in the UAE, is launching its third premium residential project in Du-bai Healthcare City (DHCC) Fa- wad Azizi Residence. The AED 342mn project is spread over a total construction area of 565, 503 sqft and will have a total of 396 upscale apartments compr-ising 201 studio apartments, 165 ...

DUBAI / Emirates Business Emirates NBD, a leading bank in the region, announced the launch of DirectRemit services to the United Kingdom (UK), enabling customers to transfer money instantly back home, free of any charges and at competitive exchange rates. Emirates NBD’s remittance service is the fastest in the UAE and enables GBP transfers to Lloyds Bank accounts in less ...

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has designated India as the guest of honour for the 29th edition of the Abu Dhabi International Book Fair (ADIBF), which will be held under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme ...

DUBAI / Emirates Business A developer for innovative technologies; i-Life Digital Technology announced the launch of its latest notebooks for students in the UAE. With schools moving towards e-learning; digital devices are the most essential and a must-have for students today. I-Life has launched three new devices, Zednote Prime- Convertible, Zedair-Ultra slim and Zedair-Lite Ultra slim notebook. i-Life’s new range ...

ABU DHABI / WAM Dubai based Zaitoun Green Shipping LLC has initiated, together with world leading companies in smart technology and solutions, a consortium to collaborate on radically improving performance of container ships and forming a new business model for this market. The consortium consists of the top international industry key players such as MacGregor, Mitsubishi Heavy Industries Marine Machinery ...

Bloomberg Aston Martin is preparing to list its shares in London after the brand synonymous with UK spymaster James Bond pulled off a multi-year turnaround. The British maker of sports cars made famous in movies from “Goldfinger” to “Skyfall” is said to target a valuation of about 5 billion pounds ($6.4 billion) — approaching Ferrari NV’s multiples. A final decision ...